British Buy-to-lets Have An Estimated £18bn To Spend On Overseas Properties

PRLog (Press Release) - Aug 20, 2008 -
Beth Collingz, overseas sale director, PLC International Marketing Networks and lead marketing partners for Pacific Concord Properties Lancaster brand of apart-hotel or condotel investments in the Philippines believes that a combination of the credit crunch, diminishing rental yields and falling property prices, will force many buy-to-let investors whose holdings have grown fat after years of double-digit growth to look overseas for a better ROI.

Our UK marketing partners Graham Stuart & Associates estimate some £18billion worth of equity is tied up in buy-to-let property across the country and this is expected to be released over the coming months as conditions in the UK worsen with the winter months fast approaching. “With inflation rising investors realize the need for strategies that preserve wealth. We are offering a tax efficient pension strategy for UK investors in Philippine condotel investments with entrepreneurial minds” said Collingz.

We expect many UK landlords to sell up and buy abroad for better returns with Philippine Condotel investments now being accepted by SBQ Property & Land SIPP portfolio.

Pacific Concord Properties Lancaster Condotel developments have been accepted as property investment projects in the UK SBQ property & Land SIPP portfolio after extensive research provided through an independent firm of Business Management & Marketing Consultants with all due diligence completed by independent UK Solicitors. The UK based SBQ Property & Land SIPP [Self Invested Pension Plan] portfolio being handled by our UK marketing partners Graham Stuart & Associates, is a low cost tax efficient structure that has been designed for those people who want to take control of their pension savings and are looking for a strategy that will generate an income any time after the age of 55 said Collingz.

Graham Stuart of Graham Stuart & Associates, based in Bolton UK said SBQ Property & Land SIPP portfolio now includes Philippine Condo Hotel rental income properties within its allowable framework as accepted investments in the [SIPP] Self-Invested Personal Pension Plans. Ssome of the benefits of the SIPP is you can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes [SASS] into the SIPP. You can have a SIPP as well as contribute to your Company pension fund. If you are self employed you can invest up tom 100% of your earnings [up to GBP £225,000.00] into to SIPP. On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through their tax return and with a SIPP you can draw an income from your personal pension fund and continue working.

With the SBQ property & Land SIPP you can also draw at least 25% of your fund as a tax free cash lump sum and leave the remainder invested until you need an income continued Stuart. If you die before using your SBQ Property & Land SIPP funds the balance can be passed to your relatives or other selected beneficiaries. Through the SBQ Property & Land SIPP you can purchase property or land assets available with the portfolio. Any remaining cash surplus [or rental income] within your SIPP will be held in an interest bearing account that generates you 6.1% interest.

Stuart pointed out the limits of a conventional SIPP being that normally, conventional SIPPS are restrictive with the provider only allowing a limited range of assets to be held such as Cash, Stock and Shares [with one investment manager] Insured arrangements [e.g. Trustee Investment Plans and Bonds, Units in an Authorized Unit Trust Scheme, Shares in an Open Ended Investment Company or a freehold or leasehold interest in ‘Commercial’ property whilst the advantages of the SBQ Property & Land SIPP is a low cost tax efficient structure for individuals and owner-managed private businesses who are looking for more flexible options and who want to take control of their own financial future. It is managed by the leading lights in UK Pension Law and has been skillfully structured to enable investors to hold a wider range of assets within the allowable framework of the SIPP. The structure also allows you to transfer existing pension funds [including paid up pension funds] protected rights money and SSAS funds into the SBQ Property & Land SIPP said Stuart.

What makes the SBQ Property & Land SIPP different is that it already contains a unique portfolio of property and land investments that give you the ability to ‘gear up’ your pension fund. In the Philippines you can purchase an Apart-Hotel property with guaranteed rental income. Collingz said that Graham Stuart & Associates have been working to have the Lancaster brand included within the allowable investment structure of the SBQ Property & Land SIPP portfolio of Apart-hotels. These apart-hotel or condotel investments provide capital growth with a guaranteed return income. If you're considering using your SIPP to invest in real estate, there are some excellent reasons why you should choose Philippine apart-hotel or condotel investment real estate to drive your retirement portfolio into high profit margins.

The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts – and a SIPP is simply another form of trust. "Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It's still possible to buy a preconstruction Condotel suite at Lancaster – The Atrium located in Metro Manila, Philippines, from only GBP £30,000.00" said Collingz.

Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes [at current purchase levels] of some 8-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management. This makes Lancaster Suites one of the Hottest investment opportunities in the Philippines.

"The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP £30,000 Condotel suite may set you back only GBP £200 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and the 8-14% returns through rental income through the Condotel advantage, you have an incredible ROI on a purchase of Philippine Condotel investment real estate" enthused Collingz.

Many investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. "Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill"

The SBQ Property & Land SIPP is regulated by the FSA and administered by an independent SIPP trustee Company. It provides a simple “tax efficient wrapper” for those wanting to maximize their own pension planning strategy. The carefully selected property investments within the portfolio have all due diligence carried out by an independent firm of UK Solicitors who handle the purchase process.

Philippine condotel investments can also be purchased without using a SIPP.

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